Wednesday, September 21, 2011

Nervous Breakdown? 21 Signs That Something Big Is About To Happen In The Financial World

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Nervous Breakdown? 21 Signs That Something Big Is About To Happen In The Financial World
Posted By: afriend [Send E-Mail]
Date: Wednesday, 21-Sep-2011 16:21:58
No comment needed for this one,it speaks for itself.

By Michael Snyder - BLN Contributing Writer
Will global financial markets reach a breaking point during the month of October? Right now there are all kinds of signs that the financial world is about to experience a nervous breakdown. Massive amounts of investor money is being pulled out of the stock market and mammoth bets are being made against the S&P 500 in October. The European debt crisis continues to grow even worse and weird financial moves are being made all over the globe. Does all of this unusual activity indicate that something big is about to happen? Let's hope not. But historically, the biggest stock market crashes have tended to happen in the fall. So are we on the verge of a "Black October"?
The following are 21 signs that something big is about to happen in the financial world and that global financial markets are on the verge of a nervous breakdown....
#1 We are seeing an amazing number of bets against the S&P 500 right now. According to CNN, the number of bets against the S&P 500 rose to the highest level in a year last month. But that was nothing compared to what we are seeing for October. The number of bets against the S&P 500 for the month of October is absolutely astounding. Somebody is going to make a monstrous amount of money if there is a stock market crash next month.
#2 Investors are pulling a huge amount of money out of stocks right now. Do they know something that we don't? The following is from a report in the Financial Post....
Investors have pulled more money from U.S. equity funds since the end of April than in the five months after the collapse of Lehman Brothers Holdings Inc., adding to the $2.1 trillion rout in American stocks.
About $75 billion was withdrawn from funds that focus on shares during the past four months, according to data compiled by Bloomberg from the Investment Company Institute, a Washington-based trade group, and EPFR Global, a research firm in Cambridge, Massachusetts. Outflows totaled $72.8 billion from October 2008 through February 2009, following Lehman’s bankruptcy, the data show.
#3 Siemens has pulled more than half a billion euros out of two major French banks and has moved that money to the European Central Bank. Do they know something or are they just getting nervous?
#4 On Monday, Standard & Poor's cut Italy's credit rating from A+ to A.
#5 The European Central Bank is purchasing even more Italian and Spanish bonds in an attempt to cool down the burgeoning financial crisis in Europe.
#6 The Federal Reserve, the European Central Bank, the Bank of England, the Bank of Japan and the Swiss National Bank have announced that they are going to make available an "unlimited" amount of money to European commercial banks in October, November and December.
#7 So far this year, the largest bank in Italy has lost over half of its value and the second largest bank in Italy is down 44 percent.
#8 Angela Merkel's coalition is getting embarrassed in local elections in Germany. A recent poll found that an astounding 82 percent of all Germans believe that her government is doing a bad job of handling the crisis in Greece. Right now, public opinion in Germany is very negative toward the bailouts, and that is really bad news for Greece.
#9 Greece is experiencing a full-blown economic collapse at this point. Just consider the following statistics from a recent editorial in the Guardian....
Consider first the scale of the crisis. After contracting in 2009 and 2010, GDP fell by a further 7.3% in the second quarter of 2011. Unemployment is approaching 900,000 and is projected to exceed 1.2 million, in a population of 11 million. These are figures reminiscent of the Great Depression of the 1930s.
#10 In 2009, Greece had a debt to GDP ratio of about 115%. Today, Greece has a debt to GDP ratio of about 160%. All of the austerity that has been imposed upon them has done nothing to solve their long-term problems.
#11 The yield on 1 year Greek bonds is now over 129 percent. A year ago the yield on those bonds was under 10 percent.
#12 Greek Deputy Finance Minister Filippos Sachinidis says that Greece only has enough cash to continue operating until next month.
#13 Italy now has a debt to GDP ratio of about 120% and their economy is far, far larger than the economy of Greece.
#14 The yield on 2 year Portuguese bonds is now over 17 percent. A year ago the yield on those bonds was about 4 percent.
#15 China seems to be concerned about the stability of European banks. The following is from a recent Reuters report....
A big market-making state bank in China's onshore foreign exchange market has stopped foreign exchange forwards and swaps trading with several European banks due to the unfolding debt crisis in Europe, two sources told Reuters on Tuesday.
#16 European central banks are now buying more gold than they are selling. This is the first time that has happened in more than 20 years.
#17 The chief economist at the IMF says that the global economy has entered a "dangerous new phase".
#18 Israel has dumped 46 percent of its U.S. Treasuries and Russia has dumped 95 percent of its U.S. Treasuries. Do they know something that we don't?
#19 World financial markets are expecting that the Federal Reserve will announce a new bond-buying plan this week that will be designed to push long-term interest rates lower.
#20 If some wealthy investors believe that the Obama tax plan has a chance of getting through Congress, they may start dumping stocks before the end of this year in order to avoid getting taxed at a much higher rate in 2012.
#21 According to a study that was recently released by Merrill Lynch, the U.S. economy has an 80% chance of going into another recession.
When financial markets get really jumpy like this, all it takes is one really big spark to set the dominoes in motion.
Hopefully nothing really big will happen in October.
Hopefully global financial markets will not experience a nervous breakdown.
But right now things look a little bit more like 2008 every single day.
None of the problems that caused the financial crisis of 2008 have been fixed, and the world financial system is more vulnerable today than it ever has been since the end of World War II.
As I wrote about yesterday, the U.S. economy has never really recovered from the last financial crisis.
If we see another major financial crash in the coming months, the consequences would be absolutely devastating.
We have been softened up and we are ready for the knockout blow.
Let's just hope that the financial world can keep it together.
We don't need more economic pain right about now.


Anonymous said...

Showing 5 comments:
apeman2502, 2 hours ago. Not if, when. The educated voices on the net have been kind and fair. They have with the most gracious of concern addressed the problems of poor financial management on the part of government. What then can be seen, following the governments' lead, is a cabal of unscrupulous brokers and trustees splitting up investors' cash to take home and leave piles of useless scrip in the safe as proof of competence to people who had faith in them. Check out some of the revised code law updates and the shifting of jurisdictions. Planned. Every dime of it. If you want to, jump in. Just like the developers building the WTCs, knowing the 3 tall ones were loaded with explosives, and could easily be brought down. Wheee! MONEY! Money as a weapon. Money as a vulnerability to people you should not trust. Take it back. Dump the Fed. Good hard working people who toiled and saved, and did without, keeping a dream that Americans help each other with investment and endeavor, and with good luck, raise a kid or 2. Then here comes the vampire bankers, right on schedule.
Hire me and I'll hang the ones that need it. The damage.../show more/ 3 people liked this. **** ForYahweh, 3 hours ago.There WILL be more economic pain because the system is built on a lie - DEBT and fractional reserve banking. In the end, the little guy loses everything and the big guy gets even bigger. Watch for God to do some pretty amazing things on His Feast days this fall! /Joyful Joyful, and 3 more, liked this **** david hamrick 3 hours ago. eat the rich / 3 people liked this.**** sphinx20080, 4 hours ago, And he said that and she said that and blah blah and doom doom doom. Most of us are fat, lazy and spoiled. We played and partied in the biggest sandbox in history, to the point of eating the sand. Now we have nothing and pretend its the rich guys fault. / 3 people liked this. **** slim2none 8 hours ago, Is there ever a good time for a financial house-o-cards to implode? I know, be careful what you wish for, but it seems to me the longer this plays out, the better off and more entrenched the folks who gain the most from the current paradigm become; and by contrast the worse off the rest of us become. I'm still convinced that, if we had not been sold out by CONgress in 2008 when this dreadful game of 'hide the financial-responsiblity sausage at the taxpayer's expense' began in earnest, we (as a nation and people) would be better off now, and the banks that SHOULD have failed because of their own miserable incompetence and greed would be the historical footnotes, not the future of the American worker and homeowner.12 people liked this. Add New Comment. ****

Anonymous said...

Casper, fwd: "Economics and Law Professor Says This Is the Biggest Fraud In World History" Posted By: hobie [Send E-Mail] Date: Thurs, 22-Sep- 15:07:42 Hi, Folks - Casper and Wendy sent this to us, a day or two ago. I've been trying to find out more about it. it looks to me like the Fed and the IRS are shown as the "debtor" (borrower), while Treasury is the "secured party" (lender) along with NAWAPA, which is a Larouche idea. It says it's a Commercial Affidavit and not a "point of law". It also says it's being filed "as a future filing". So it may not represent anything real.
It seeks to declare real men and women, as "real estate". That's just silly. :) It's also trying to say something about "real land", which is quite different from "real estate" - does the filer realize this? In America, "real land" can only be granted; it cannot be bought or sold, because of the original "Lands Patent" grants made by the British king, in order to encourage colonization of a land that lacked all British-style civilization at the time. Received from Wendy via e-mail: ..//
Casper here, Good Morning everyone. The following "Washington Blog" link takes you to something very important. At the bottom of it, are two links posted by "Aware Ness" at 5:32 A.M. on Sept. 18th. WE have been working to see what we could learn about these documents, for several days. We are being Stone Walled where ever we go. 'Quads' are involved. "All Americans with arms and legs", have been pledged as collateral. Please read, print and save and especially GO VIRAL with these documents, before they disappear forever. "They" want to know where these documents originate. WE didn't tell, but they will see this. No other way to call to your attention. Act quickly. Casper 9-21-11 -----
Subject: Economics and Law Professor Says This Is the Biggest Fraud In World History;
----- The links to the PDF documents:
Articles In This Thread:
Casper, fwd: "Economics and Law Professor Says This Is the Biggest Fraud In World History" (views: 934) hobie -- Thursday, 22-Sep-2011 15:07:42 // Reader: "Question..." (views: 133) hobie -- Thursday, 22-Sep-2011 16:27:07

Anonymous said...

“This Is The Greatest Financial Crime In The History Of The World And No One Senior, At Any Of The Major Places That Drove The Crisis, Has Gone To Jail” Posted on September 17, 2011 by WashingtonsBlog. Largest Financial Crime In History. William K. Black – professor of law and economics, and the senior S&L prosecutor – said yesterday: This is the greatest financial crime in the history of the world and no one senior, at any of the major places that drove the crisis, has gone to jail? *** Unless something dramatic or radical changes, this is going to be the greatest case of elite fraud with impunity, in the history of the world. And it is only going to change, if we express our outrage as the people, and demand that it is changed. For background, see this, this, this and this./ links /
This entry was posted in Business / Economics.
** For More.**
/previousPost/ ← California May Launch Public Bank, Which Could Help Take the Power To Manipulate the System Away From the Insolvent Giant Banks. ****
What’s Happening In Europe … Does It Impact American Investors and Taxpayers? →/NextPost/ // 6 Responses,comments //
The FBI is no longer chasing white collar criminals.Guest Expert09/14/2011
William K Black PhD. James J Puplava CFP, with William K Black PhD.
RealPlayer / WinAmp / Windows / Media MP3 Jim welcomes Professor of Economics and Law William Black, to Financial Sense Newshour. He explains to Jim why no one has gone to jail, four years after the beginning of the historic Credit Crisis. Professor Black believes that the level of corruption and fraud is so pervasive, that very few of the guilty will ever be brought to justice. Bill Black is an Associate Professor of Economics and Law at the University of Missouri – Kansas City (UMKC). He was the Executive Director of the Institute for Fraud Prevention from 2005-2007. He has taught previously at the LBJ School of Public Affairs at the University of Texas at Austin and at Santa Clara University, where he was also the distinguished scholar in residence for insurance law and a visiting scholar at the Markkula Center for Applied Ethics.
Transcript: Jim Puplava: Joining me on the program is Professor William Black. He is a Lawyer and an Associate Professor of Economics and Law at the University of Missouri, Kansas City. He was a Director of the Institute for Fraud Prevention from 2005 to 2007. .....(....) ..